DASH Act - Middle Income Housing Tax Credit
Hello- does anyone know more details about this? If it passes, would a property owner that builds an ADU on their property qualify for the middle income housing tax credit if they rent it to qualified tenants (those who make 60-100% of the median income in the area)? The article mentions developers. But I think it should include anyone that provides housing to the qualifying tenants under this rule.
https://www.accountingtoday.com/news/wyden-proposes-bill-to-offer-tax-credits-to-combat-homelessness?position=editorial_3&campaignname=ACT%20Tax%20Practice-08192021&utm_source=newsletter&utm_medium=email&utm_campaign=V2_ACT_TaxProToday_20210503%2B%27-%27%2B08192021&bt_ee=29%2FO57ItcK%2B4lmP3jjOWuI9%2BYfs%2Bv6qJnzXCur%2FKKXrR7Ps0v%2FwYEVy1C3zQfQF7&bt_ts=1629389083397